In the many years, we have been assisting policyholders we have seen:-
Plant damaged in transit - (the boom of a digger was elevated higher than normal to accommodate a dumper on the same low loader, the driver struck a bridge he normally passed under without incident)
Liability, damage when pile driving, (our contractor tapped the top of the main sewer without realising and released a concrete pour causing major damages.
Employers liability – an operative slipped in adverse and muddy conditions when trying to repair/replace a thrown track and caused himself an injury.
Plant stolen - our client left a digger and buckets chained together on a site the machine was removed over a weekend
Plant damaged – the operator made a mistake when working uneven ground and rolled the machine, substantive damages were occasioned to the cab but the engine also ran on and seized.
For each of these settled losses, there was a potential for an incorrectly written policy not to have covered the loss, for example, some policies restrict theft of plant to locked compounds, many policies exclude pile driving or work at significant depths and so it is vital that regular reviews are undertaken and exact business descriptions and contracts disclosed.
Public Liability and Products Liability - Protects against your legal liability for injury and damage to property
Contractors All Risks - Provides cover for damage to the contract works and all materials, own plant, hired-in plant and temporary buildings
Employers Liability - Protects against your legal liability to pay compensation in respect of an injury sustained by your employees in the course of the business up to a limit of £10,000,000 including costs and expenses
J.C.T. 6.5.1. - Protects against any expense liability loss claim or proceedings which may be incurred or sustained because of
injury or damage to any property caused by collapse subsidence heave vibration weakening or removal of support or lowering
of groundwater arising out of or in the course of or because of the carrying out of the Works.
Goods in Transit - Provides all risks cover for stock and trade materials whilst in transit in any road vehicles including trailers and containers
owned or operated by you
Property Damage All Risks - Provides all risks cover for the property insured at the premises (office risks and non contract materials)
Business Interruption All Risks - Provides all risks (including subsidence) cover for loss resulting from interruption of or interference with the business carried
on by you at the premises in consequence of damage. Cover can also be on an Increase in Cost of Working basis.
Excess of Loss Public Liability – cover for indemnity limits where required higher than the standard £5m